Panavision announced today that its Board of Directors has appointed
Kimberly Snyder as a Board Member and Chief Executive Officer of the
company.

Panavision Appoints Kimberly Snyder as CEO (Photo: Business Wire)

“Kim is a well-known leader in the entertainment industry, and we are
thrilled that she is joining Panavision,” said Joe Matza, member of the
Panavision Board of Directors. “Kim has a track record that demonstrates
her remarkable talent and leadership skills, and I look forward to
working with her as Panavision expands its global business while
continuing the customer-driven track record of innovation for which the
company is famous.”

Prior to joining Panavision, Ms. Snyder served as the President and
General Manager of Kodak’s Entertainment Imaging Division, responsible
for all aspects of Kodak’s business with the motion picture and
television industry.

“Panavision is an industry leader, passionately committed to excellence
in customer service and innovation,” said Snyder. “I’m honored to join
the Panavision team and look forward to leading the company as we strive
to serve the needs of cinematographers, production companies and studios
around the world in new and exciting ways.”

Dominique Mielle, Managing Director and Senior Portfolio Manager of
Panavision equity investor Canyon Capital Advisors, said, “We are
excited to have Kimberly on board not only because of her extensive
industry experience, but also because of her strategic view of business
and future technology.”

Bob Davenport, Senior Managing Director of Panavision equity investor
Cerberus Capital Management, added, “Kim is a great fit for Panavision,
and her leadership will help the company accelerate innovation and
continue its intense focus on executing day in and day out for its
customers.”

About Panavision

Founded in 1954, Panavision Inc. is a leading designer and manufacturer
of high-precision camera systems, including both film and digital
cameras, and lenses and accessories for the motion picture and
television industries. Panavision systems are rented through its
domestic and internationally owned and operated facilities and
distributor network. Panavision also supplies lighting, grip and crane
equipment for use by motion picture and television productions.

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